The rent prices in real estate in Longboat Key, in the Florida region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Longboat Key has fallen during the last 6 months. In March, the average price per sq.feet was $5.21. In April this price barely changed remaining at $4.97 per sq.feet. The price for the following two months in (May, June) fell 92 % with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $4.89 to $4.89 during July y August
When referring to the price in Longboat Key (cities), this has fallen in the last 6 months. The average price for March is $8,537. During April the price had a slight fall till $7,747. During the following two months (May, June) the average price fell 89 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $7,684 and $8,032.5 between July and August.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $8,298 they are 39 % more affordable than the average price for Longboat Key . The properties with the highest average price have 4 bedrooms, Their price is 112 % more expensive than the average. After that we have properties with 3 bedrooms priced at $12,176.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $4.75 / sq.feet, with an average $4.98 / sq.feet price in Longboat Key. The properties with the most expensive average prices have 4 bedrooms. They are 27 % more expensive than the average followed by properties with 1 bedroom with a price at $5.49 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $8,298 it is 57 % more affordable than the average price in Longboat Key. "Villa" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Detached House". At a price of $9,430 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Detached House" at an average price of $4 / sq.feet followed by "Condo" priced at $4.95 / sq.feet. "Villa" is the most expensive type of property with a $52 / sq.feet value followed by "House" with an average price of $5.12 / sq.feet.